Market Overview: Ethereum/Yen (ETHJPY) 24-Hour Technical Summary

Generated by AI AgentAinvest Crypto Technical RadarReviewed byAInvest News Editorial Team
Saturday, Dec 27, 2025 10:34 am ET2min read
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- ETHJPY traded between 457,251 and 460,305, with key support at 458,116 and resistance at 459,688.

- A 10:15 AM ET high-volume spike to 460,305 failed to sustain above 459,720, followed by heavy selling below 459,280.

- RSI and MACD signaled weakening bullish momentum, while Bollinger Bands showed volatility contraction after a sharp price drop.

- Fibonacci retracements highlight 458,996 (38.2%) and 459,561 (61.8%) as potential near-term decision points for trend continuation.

Summary
• ETHJPY traded in a 457251–460305 range, with key support near 458116 and resistance at 459688.
• Price rejected above 459688 and reversed downward, signaling potential bearish momentum.
• High-volume move to 460305 at 10:15 AM ET confirmed but failed to sustain above 459720.
• Turnover surged to 84.99M Yen at 10:15 AM ET but followed by heavy selling below 459280.
• RSI and MACD show weakening bullish momentum, suggesting a possible short-term pullback.

Ethereum/Yen (ETHJPY) opened at 459001 on 2025-12-26 at 12:00 ET and reached a high of 460305 before closing at 459440 on 2025-12-27 at 12:00 ET. The low for the 24-hour period was 457251. Total traded volume was 356.05 BTC, with a notional turnover of approximately 163.86 million Yen.

Structure & Formations

The price of ETHJPY formed a bearish rejection pattern at the 459688 level, followed by a sharp decline that tested 458116. A long-bodied candle closed near the lower end of the range, suggesting bearish conviction. The 458116 level emerged as a significant support zone, with a potential secondary level at 458480. On the upside, 459688 and 459922 acted as key resistance levels, with 460239 as a possible psychological ceiling.

Moving Averages

Short-term 5-minute moving averages were bearish, with the 20-period line dipping below the 50-period line. The daily timeframe shows the 50-period line above 458600, while the 200-period sits near 458100, supporting the idea that the pair may find near-term support within that range.

MACD & RSI

The MACD line turned negative in the final hours, reflecting bearish momentum, with the histogram narrowing as downward pressure increased. The RSI moved from overbought territory (above 70) to neutral levels, confirming the pullback and suggesting a potential correction is in progress.

Bollinger Bands

ETHJPY spent much of the 24-hour period near the upper band, then collapsed toward the lower band after the 10:15 AM ET high. This indicates a sharp increase in volatility followed by a contraction, which may signal a period of consolidation or a reversal setup.

Volume & Turnover

Volume spiked at 10:15 AM ET with a large 184.997 BTC transaction, driving turnover to an intraday high of 84.99 million Yen. This was followed by a sell-off, with the largest volume concentrated between 459520 and 458116. Divergence between price and turnover was evident, as high turnover on the upside failed to produce a follow-through move.

Fibonacci Retracements

Applying Fibonacci to the swing high at 460305 and the subsequent swing low at 457251, key retracement levels include 458996 (38.2%) and 459561 (61.8%). Price stalled near 459440, suggesting it may test the 38.2% level before deciding its next direction.

Market Overview

The ETHJPY pair experienced a volatile 24-hour period, marked by strong bullish momentum that failed to hold above 459720. A sharp correction followed, supported by high volume at key price levels. With RSI and MACD indicating bearish momentum and Bollinger Bands showing a potential range-bound scenario, the near-term outlook suggests a possible test of the 458116 support level. Investors should remain cautious of potential short-term volatility and watch for confirmation of a new bearish trend or a rebound from key support.